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1-5 all wrong need some help Use the following to answer questions 15 For the next few weeks CJ Ad Agency is offering a 10%
1-5 all wrong need some help
Use the following to answer questions 15 For the next few weeks CJ Ad Agency is offering a 10% trade discount when providing advertising services of $28,000 or more to its customers to encourage customers to buy more advertising. The Agency also offers 2/10, n30 on all credit sales. All credit sales are invoiced at the end of the month. The Agency provided the following services this month; amounts are shown before trade discounts have been deducted: - Designs a $32,000 ad campaign for Customer A on account-pays in 30 days - Designs a $28,000 ad campaign for Customer B-on account- pays within 10 days - Designs a $23,000 ad campaign for Customer C - on account - pays within 10 days - Designs a $16,000 ad campaign for Customer D-received payment last month 1. ${1,000 What amount of Service revenue should the Agency record for Customer A? 2. $24,000 What amount of Service revenue should the Agency record for Customer B? 3. $211400 Customer B pays within 10 days, how much will they pay? 4. 599,000 Determine the monthly Service revenue for the Agency 5. $97,660 Determine the Agency's Net service revenue for the month Step by Step Solution
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